The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1887-01-05

piled nearly 81 per cent; from less than
1000, 600 bushels it increased, by series OF
leaps and bounds, to about 503, 100000
bushels. Excepting the rapid growth of i'm
ports of wheat from India (Which does not
appear in this table. India being classified
under all other countries'), there is ne in
stance In economic history OF a growth
so rapid. The imports from Russia
during this period, though they have in
creased in amount, have not advanced
greatly relatively. In the first period they
were nearly 10 per cent. in the second they
had somewhat increased in the third they
had receded again; in the fourth they ad-
vanced considerable, and in the fifth period
they had receded more rapidly than the in
crease between the third and fourth periods.
The imports from Germany have decreased
from the second period actually as well as
relatively, while relatively the percentage of
decrease has been steadily sinking from 53
per cent. to 80 per cent. next to q, and to
is per cent, and lastly to per cent, Tne
cTystalization of the German empire the
rapid increase Of population, the change from
an agricultural condition to that Of diversi-
fed industries, all suggest themselves as
reasons for this decrease. In Germany pop
ulation is overtaking the food producing ca
paeity of the country"
One of the most important features of the
report is the showing in tabular form OF the
price of wheat for a series of years in the
principal countries of the world. These
tables show that the average yearly price OF
wheat is lowest in India, ranging from Sjc
per bushel at Calcutta to S1.02 at Bombay,
between 1873 and 1888. Russia comes next,
the average for the decade being 81. % per
bushel at Warsaw, $117 per bushel at st.
Petersburg and $1.15 per bushel at Odessa.
Austria ranks third in the following order:
Buda-Pesth, Sis per bushel; Vienna, $l.29;
Trieste, Sl.36, and Prague, 81 80 per bushel.
The average price of wheat at Algiers was
for the entire period covered in the inquiry
SIPS per bushel; at Smyrna, $1.29 per
busbel, and at Beiruth, 81 Al. In the Ger
man Empire the price varies somewhat ac-
cording TO location. The free port Of
Bremen appears to enjoy the lowest price
$1.36 per bushel-and, curiously enough,
Stettin, on the Baltic, the highest,
$1.7O per bushel. Next comes the grain
center of the Rhenish and Westphalia manu-
featuring regions, Aachen and Cologne with
81 60 per bushel, and $1.50 respectively for
eleven years. The difference in the price is
not marked between Breslau, in the Eastern
part of the Empire, Leipsic is the central
and Stuttgart in the southern, 81 40 per
bushel, $1.42 per bushel and $145 per
bUshel, respectively. The central position
of Berlin, together with the excellent railroad
facilities which extend on all sides into the
grain regions, tends to give that city cheap
wheat, the average price being for the eleven
years ending in 1883. 81 3S per bushel. The
average price of wheat at the principal grain
port of England was exactly $3.50 per
| bushel, but in the appendix there are tables
| which show in detail the average prices of
all grains in the English markets Rouen
and Nantes are the cheapest wheat ports in
| France, namely $1,48 per bushel and $l.50
per bushel, respectively. Bordeaux reaches
| $1.54 per bushel and Marseilles 81 6I.n
Important facts are brought out in re-
| lati0n to
| OCEAN TRANSPORTATION,
and the comparative cost of freight from
| India Russia and the United States to Great
| Britain, and table is given showing in com
| parison the rates of freight for cereals dur
| ing series of years from the three principal
| ports of British India. the great northern
| and southern ports of Russia and the Atlantic
| and Pacific ports of the Uuited States to
Great Britain. OF tins table the committee
says on part: 1.-THE general fact and the ole
of greatest importance TO the United States
is the steady decline in the cost of transpor
tation and the probability that, with in.
| creased freight to carry, the rates between
| Europe and the most important nearest port:
OF India (Kurrachee and Bombay will con
| tinue to decline. Should this tendency con
| tinue, it will not be long before the cost o.
carrying wheat from India to continenta
Europe and the United Kingdom will be a
| low as between the Atlantic ports and thos.
| markets.
Tables are also appended showing thu
! ocean freights Of grain from nearly every i'm
portant country to England, AMI also tn,
comparative rates OF freight charges from
the various countries OF the world.